TeleGeography Logo

TDC owners confirm share sale

14 Feb 2012

Following rumours last week that shareholders of Danish telco TDC were looking to divest part of their stake in the operator, a group of five private equity investors have now confirmed plans for a share sale worth around EUR750 million (USD991 million). NTC Holding, a consortium which comprises equity firms Blackstone, Providence, KKR, Permira and Apax, currently holds 59.1% of TDC’s shares. The group has filed sale documents under which around 128 million shares – approximately 15% of TDC’s equity – will be offloaded, Bloomberg reports. Although the per-share price has not been disclosed, it is thought that the sale price will be about 4% down on TDC’s closing price yesterday.


GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.